MBO at George Lister Engineering

George Lister logo

Our team supported the directors at George Lister Engineering throughout the buyout process. The deal took place with the retirement of Managing Director Martin Murray after 50 years’ service.

Company background

Founded in 1890, George Lister Engineering specialises in CNC machining, sheet metal, fabrication and welding for a wide range of applications but is perhaps best known as the designer and manufacturer of the Lister Jaguar. Produced in the 1950’s Lister Jaguars have since won hundreds of historic races and are still famed for their reliability and craftsmanship.

What was special

The company ethos has always been to try and promote from within, both Mark Hallam & Mark Pauley having been with the company since they left school in 1985 have progressed through the company into management and then to Directors. The buyout deal allows the company to move into the next phase of its life and ensures the new management team can continue to develop and grow the business.

Deal structure

Mark Hallam and Mark Pauley purchased the remaining shares from fellow shareholder and director, Martin Murray.

 

Read the press release

Deals

  • Cambridge Publishers Ltd
  • Molecular Dimensions Tony Savill
  • Nitritex Limited
  • Sale of Pope Woodhead & Associates
  • George Lister logo
  • Element Energy logo
  • Alacer Software logo
  • 42 Technology
  • dB Broadcast logo
  • Kloeber Ltd logo